$12.24B
Revenue
$2.51B
Net Income
82.96%
Gross Margin
20.78%
Op. Margin
$9.20B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $12.24B | $12.24B | $11.10B | $9.92B | $8.40B | $5.99B |
| Revenue Growth % | 0.0% | 10.3% | 11.9% | 18.1% | 40.2% | nan% |
| Cost of Revenue | $2.09B | $2.09B | $1.88B | $1.70B | $1.50B | $1.16B |
| Gross Profit | $10.15B | $10.15B | $9.22B | $8.21B | $6.90B | $4.84B |
| Gross Margin % | 83.0% | 83.0% | 83.1% | 82.8% | 82.2% | 80.7% |
| Operating Expenses | $9.70B | $9.70B | $8.55B | $8.40B | $6.60B | $5.56B |
| Research & Development | $2.35B | $2.35B | $2.06B | $1.72B | $1.50B | $1.43B |
| Operating Income | $2.54B | $2.54B | $2.55B | $1.52B | $1.80B | $429.32M |
| Operating Margin % | 20.8% | 20.8% | 23.0% | 15.3% | 21.5% | 7.2% |
| Interest Expense | - | $2.00M | $2.00M | $55.00M | $8.00M | $49.89M |
| Other Income/Expense | $-112.00M | $-112.00M | $-40.00M | $-54.00M | $25.00M | $-304.66M |
| Income Before Tax | $3.14B | $3.14B | $3.33B | $2.10B | $1.99B | $-300.21M |
| Income Tax Expense | $626.00M | $626.00M | $683.00M | $-2.69B | $96.00M | $51.83M |
| Net Income | $2.51B | $2.51B | $2.65B | $4.79B | $1.89B | $-352.03M |
| Net Margin % | 20.5% | 20.5% | 23.9% | 48.3% | 22.5% | -5.9% |
| Basic Shares Outstanding | - | 613.0M | 632.0M | 637.0M | 637.0M | 615.9M |
| Diluted Shares Outstanding | - | 623.0M | 645.0M | 662.0M | 680.0M | 615.9M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $6.56B | $6.86B | $6.87B | $7.38B | $6.07B |
| Short-term Investments | $4.45B | $3.75B | $3.20B | $2.24B | $2.26B |
| Other Current Assets | $824.00M | $638.00M | $569.00M | $456.00M | $333.67M |
| Total Current Assets | $18.80B | $17.18B | $16.51B | $14.86B | $12.39B |
| Property Plant & Equipment | $107.00M | $147.00M | - | $121.00M | $156.59M |
| Goodwill | $754.00M | $750.00M | $752.00M | $650.00M | $652.60M |
| Intangible Assets | $16.00M | $27.00M | - | $34.00M | $52.31M |
| Other Non-current Assets | $539.00M | $563.00M | $463.00M | $234.00M | $188.56M |
| Total Assets | $22.21B | $20.96B | $20.64B | $16.04B | $13.71B |
| Accounts Payable | $232.00M | $142.00M | - | $137.00M | $118.36M |
| Accrued Liabilities | - | - | - | $1.82B | $1.56B |
| Deferred Revenue | $1.74B | $1.62B | $1.43B | $1.18B | $903.73M |
| Total Current Liabilities | $13.65B | $10.16B | $9.95B | $7.98B | $6.36B |
| Long-term Debt | - | $2.00B | $1.99B | $1.99B | $1.98B |
| Other Non-current Liabilities | $360.00M | $391.00M | $287.00M | $218.00M | $218.46M |
| Total Liabilities | $14.01B | $12.55B | $12.48B | $10.48B | $8.93B |
| Common Stock | - | - | - | - | $63.00K |
| Retained Earnings | $-5.50B | $-4.22B | $-3.42B | $-5.96B | $-6.36B |
| Total Stockholders Equity | $8.20B | $8.41B | $8.16B | $5.56B | $4.78B |
| Total Liabilities & Equity | $22.21B | $20.96B | $20.64B | $16.04B | $13.71B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $2.51B | $2.51B | $2.65B | $4.79B | $1.89B | $-352.03M |
| Stock-based Compensation | $2.73B | $1.59B | $1.41B | $1.12B | $930.00M | $898.83M |
| Deferred Income Tax | - | $376.00M | $433.00M | $-2.88B | $-1.00M | $10.94M |
| Change in Payables | - | - | - | - | $20.00M | $39.95M |
| Operating Cash Flow | $9.20B | $4.65B | $4.52B | $3.88B | $3.43B | $2.19B |
| Capital Expenditure | - | - | - | - | $25.00M | $25.32M |
| Acquisitions | - | - | - | - | - | - |
| Investing Cash Flow | $-1.14B | $-748.00M | $-616.00M | $-1.04B | $-28.00M | $-1.35B |
| Debt Repayment | - | - | - | - | - | $2.00B |
| Stock Repurchased | $6.41B | $3.79B | $3.43B | $2.25B | $1.50B | - |
| Financing Cash Flow | $791.00M | $-3.83B | $-3.57B | $-2.43B | $-689.00M | $1.43B |
| Net Change in Cash | $10.40B | $726.00M | $93.00M | $564.00M | $2.38B | $2.06B |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $4.09B | - | $9.46B | - |
| Cost of Revenue | $549.00M | - | $1.60B | - |
| Operating Expenses | $2.47B | - | $7.19B | - |
| Research & Development | $587.00M | - | $1.76B | - |
| Operating Income | $1.62B | - | $2.27B | - |
| Other Income/Expense | $-13.00M | - | $-74.00M | - |
| Income Before Tax | $1.79B | - | $2.74B | - |
| Income Tax Expense | $418.00M | - | $574.00M | - |
| Net Income | $1.37B | $555.00M | $2.17B | - |
| Basic Shares Outstanding | $611.00M | - | $616.00M | - |
| Diluted Shares Outstanding | $621.00M | - | $626.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $7.53B | $6.86B |
| Short-term Investments | $4.16B | $3.75B |
| Other Current Assets | $645.00M | $638.00M |
| Total Current Assets | $19.54B | $17.18B |
| Other Non-current Assets | $607.00M | $563.00M |
| Total Assets | $23.06B | $20.96B |
| Deferred Revenue | $1.82B | $1.62B |
| Total Current Liabilities | $14.04B | $10.16B |
| Long-term Debt | - | $2.00B |
| Other Non-current Liabilities | $415.00M | $391.00M |
| Total Liabilities | $14.45B | $12.55B |
| Common Stock | - | - |
| Retained Earnings | $-4.75B | $-4.22B |
| Total Stockholders Equity | $8.61B | $8.41B |
| Total Liabilities & Equity | $23.06B | $20.96B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.37B | $555.00M | $2.17B | - |
| Stock-based Compensation | - | - | $1.18B | - |
| Operating Cash Flow | - | - | $4.12B | - |
| Investing Cash Flow | - | - | $-448.00M | - |
| Stock Repurchased | - | - | $2.69B | - |
| Financing Cash Flow | - | - | $-2.38B | - |
| Net Change in Cash | - | - | $1.95B | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.